Bought at 41 sen today. Will buy more if drop below 40 sen.

Masteel will rally this year due to ECRL.

Masteel up 3.49% ...

Sssssssshhhhhhhhhhhhh

For next 15 trading days Insas naik satu sen each day. MGO coming.

ivan9511, year of metal rat will be good for IT related counters. Accumulate low, hold and wait for the day when it spikes up. Just don't try to play contra.

Those who wish to buy, try to buy before CNY.

Thank you, same to you. If one's average purchase cost is low, one can always sell when the uptrend appears to end. Sadly, many people are stuck at higher cost. I still have a small position and I think OLH will resume buying.

Buyers and sellers are the same syndicate members lah. Don't try to play contra, you will get slaughtered. Buy to hold and wait out for year of the metal rat.

Will only fly in the year of metal rat.

Managed to sell at 57 sen on 31/12/19, hahaha.

Buy low, keep, then sell high.

I think it will be trading within a narrow range for the time being.

Bought at 3.5 sen.

Ah Thong no longer director of Insas, his brother also not a director of Insas. This means any acquisition or disposal of Insas warrants need not be announced. Only acquisition or disposal of Insas ordinary shares need to be announced as they remain substantial shareholders. Did Ah Thong or his family bought the 150 million warrants?

Based on list of top 30 Preference Shareholders, Ah Thong and family hold over 65 million Preference Shares which is sufficient money to exercise over 65 million warrants.

Now Ah Thong and family cannot buy even one share because it will trigger 33% MGO. Ah Thong and family's money stuck in millions of Insas Preference Shares due for redemption in February. On redemption date Ah Thong and family will tell Insas to contra against the exercise price of warrants held by them. MGO coming.

Leno darling, Ah Thong or family no need to pay RM1 to exercise their warrants since they can contra against the redemption of their preference shares. If they buy now from the open market they have to fork out cash to pay. So, they have to wait until redemption date of the preference shares which coincides with the last exercise date of the warrants. MGO coming.

Satu ringgit by CNY eve, everyday goes up by 1 sen.

Insas cantek.

Bought at 42.5 sen today.

6) I sold Insas at 89.5 sen and bought back at 81 sen.

How come no one follow me to sell at 53 sen last week?

Tomorrow I will try to catch at 43 sen.

So quiet here.

Bought back at 45.5 sen.

Go, go, go Reach.

Calvin, re-study your research on Uzma. Remember you wrote about their high margins? Uzma can deliver sterling results to support continued uptrend of its price.

Ah Thong will not exercise any warrant because he has no warrant in his name, zero, kosong. The warrants are held by his family owned companies and by his brother. These family owned companies and his brother also have redeemable preference shares which will mature same time as the expiry of the warrants, so don't have to fork out any money to exercise the warrants. Just contra them off lah. MGO coming.

Monday I intend to buy back.

No aunties or uncles here chased yesterday. All bought cheap2 earlier. Yesterday, some sold a bit early, some sold as high as 53.5 sen, some didn't sell.

Managed to buy at 4 sen today.

If close at 50 sen today uptrend might resume tomorrow. If close below 48 sen might consolidate another day drifting lower. Haha, I am just talking nonsense here.

Today we go play Uzma. Sad to see people who has nothing to play.

Fly, fly, fly Uzma.

Masteel went up too fast yesterday. Allow it to consolidate today for a stronger base.

I sold at 53.5 sen today. My cost was 40.5 to 41 sen. Calvinharris, you tak faham baca Bahasa Englander kah?

Masteel price closed up by 18% today at 52 sen, staying way above the previous resistance level of 46 sen. The way the 50 sen barrier was beached in the afternoon was a strong bullish signal. Tomorrow it is expected for the price to consolidate with some profit taking.

Not so fast.

Today we play Masteel, you didn't buy Masteel?

DO RE MI, It's ok to take profit.

Eh, why nobody cheering?

Masteel must now stay above 50 sen.

Sold half at 53.5 sen.

Can it hit 50 sen today?

Go, go, go Masteel.

The money from private placements are used to reduce bank borrowings and saving the Company some bank interest.

The private placements seem to be well absorbed by huge buying.

There's a lot of private placements coming at below 40 sen, so it's possible for price to drop back to 40 sen on low volume.

I sold a bit at 45 sen after seeing it failed to break through 46 sen. I will buy back at around 40.5 sen if it falls back to that level.